Posted on 08/05/2020 1:44:03 PM PDT by Rebelbase
The University of Pennsylvania pocketed a $3 million donation last year from a mysterious Hong Kong shell company that is owned by a Shanghai businessman with deep ties to Chinese government officials.
The donation from Xu Xeuqing, who has no apparent connection to the University of Pennsylvania and was previously embroiled in a Shanghai public corruption scandal, raises questions about the true source of the money. Documents reviewed by the Washington Free Beacon show Xeuqing has close ties to the Chinese Communist Party.
China has poured money into American universities in recent years, in part to buy influence on campuses, experts say. The donation comes as federal prosecutors have increased scrutiny on the Chinese government’s influence-buying and espionage operations at American universities.
"Unequivocally they’re using the money they’re providing the universities to garner influence there," said Ben Freeman, the director of the Foreign Influence Transparency Initiative at the Center for International Policy. "It’s not the sole motive, but it’s one of a variety of motives."
Foreign money has poured into the school over the past few years with a significant portion coming from China. The Ivy League school received $61 million in gifts and contracts from China between March 2017 and the end of 2019; over the previous four year period, it took in just $19 million from Chinese donors.
The University of Pennsylvania received the $3 million in question from a Hong Kong-based company called "Nice Famous Corporation Limited," according to financial disclosures.
(Excerpt) Read more at freebeacon.com ...
Close them all down and get into thier books
Sum Ting Wong.
Ivy League and not smart enough to have an answer....RIIIIIIGGHHHHHTTT!!!
not a “donation”...it is a bribe
Do a search on “Thousand Talents + arrested”. It’ll open some eyes.
“The Ivy League school received $61 million in gifts and contracts from China between March 2017 and the end of 2019;...”
Umm, I see this as a problem...
Academia is nothing but a bunch of crooked Crony Capitalists.
Academia is nothing but a bunch of Crooked Crony Capitalists.
They could have at least laundered it through Lori Laughlin.
CAN’T or WON’T?
So is this illegal?
VP Biden, his son Hunter, and Hunter's daughter Finnegan, arrive in Beijing..........on an official US visit financed by taxpayers.
Throughout the tax-paid trip, Hunter Biden seemed to duck in and out, sometimes joining his father at events and red-carpet arrival ceremonies, and at other times following his own itinerary, presumably with his daughter Finnegan. As is customary, the White House did not provide details about what the vice president’s relatives were doing when they were not part of his public events.
What else Hunter Biden may have done during the tax-paid two-day stop in China is unclear. There are no indications he met with Chinese government officials. Mesires, the spokesman, said that he did not conduct any business during the tax-paid trip — including when he met with Li, the Chinese banker and his nascent business partner.
Several former White House officials who traveled with Biden on the tax-paid trip told NBC News that they didn’t know at the time that Hunter Biden had any business interests in China and were unaware of his private schedule while in Beijing.
Reporters along for the trip also indicated no one was aware of Hunter's mega business deal in China.
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SOURCE—NYPOST.com
Twelve days after Hunter stepped off Air Force Two in Beijing with his VP dad and daughter, on an official tax-paid trip, Hunter's nascent privarcompany signed a historic deal with the Bank of China, the state-owned financial behemoth often used as a tool of the Chinese government.
The Bank of China had created a first-of-its-kind investment fund called Bohai Harvest RST (BHR). According to BHR, one of its founding partners was none other than Rosemont Seneca Partners LLC.
It was an unprecedented arrangement: (A) the government of one of America’s fiercest competitors, the Chinese Communist government. going into business with the son of one of America’s most powerful decision-makers, then VP-Biden....Pres Obama's point man in China.
Chris Heinz (John Kerry’s stepson) claims neither he nor Rosemont Seneca Partners, the firm he had part ownership of, had any role in the deal with Bohai Harvest. Nonetheless, Biden, Archer and the Rosemont name became increasingly involved with China.
Archer became the vice chairman of Bohai Harvest, helping oversee some of the fund’s investments.
Troublingly, some of those investments had major implications for US national security........including the safety and security of Americans.
<><> Ironically, Hunter Biden’s father, the vice president, met earlier with Chinese President Hu Jintao in Washington as part of the Nuclear Security Summit as Obama's point man on all things China.
<><> In December 2014, Hunter's company, BHR became an “anchor investor” in the IPO of China General Nuclear Power Corp. (CGN), the Communist state-owned energy company involved in the construction of nuclear reactors.
<><> In April 2016, the US Justice Department would charge CGN with stealing nuclear secrets from the United States — actions prosecutors said could cause “significant damage to our national security.”
Of particular interest to CGN were sensitive, American-made components that, according to experts, resembled components used by the US on its nuclear submarines.
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Joe Biden later bragged that he did not discuss Hunter's business interests on the 20-hour flight to China.Nor would he. The details of a mega-deal...... with larger importance to the Biden family fortunes....... were certainly worked out weeks ahead in VP Biden's tax-paid office utilizing Biden's tax-paid staff.
The alacrity with which Hunter seemingly sewed up the billion dollar deal shorty after arriving is significant. Because the details were already hashed out when he boarded Air Force Two. Joe and Hunter surely allowed themselves a high five. No need to discuss the deal on the trip over.....it was fait accompli....thanks to the VP's tax-paid help.
Ping.
Then-VP Biden toasts China's XI. "Here’s why I’m toasting this Chinaman. My view for many years is that a rising China is a positive development, and that the Biden family can become billionaires as long as we Democrats force American taxpayers to invest in Beijing’s success. Some anti-globalists see China’s growth as a threat, entertaining visions of a cold-war-style rivalry or great-power confrontation. Other Chinamen worry that our aim in the Asia-Pacific is to contain China’s rise,” Biden wrote. “I reject these views. “I remain convinced that a successful China can make our country more prosperous, not less,” he added.
====================================================
(h/t Greenfield)
Yet, underneath all the Biden sucking-up rhetoric about the ennobling virtues of globalism was some very parochial and familial profiteering. In 2013, Joe and his son Hunter Biden flew on Air Force Two to China. China’s BHR Partners was founded that year and included Hunter Biden as a board member. The Delaware Board of Trade was incorporated in 2013. Despite its name, the DBOT was not a government agency, but a penny stock startup which received a $3 million loan from New Castle County.
Joe's wet kiss to XI, the big Chinese partner in the BHR arrangement was Harvest Fund Management which, coincidentally enough, in 2012 was targeting Hollywood with an $800 million investment fund. That same year, you could find Bruno Wu, who had been working with Harvest, and Chris Dodd, along with Harvey Weinstein, playing roles at the Asian Film Summit in Toronto. And the money didn’t just go one way.
The Delaware Board of Trade was incorporated in 2013. Despite its name, the DBOT was not a government agency, but a penny stock startup which received a $3 million loan from New Castle County. (Delaware is Joe Biden’s home state which he repped as a US Senator.)
New Castle County had approved the issue of $15 million in revenue bonds to fund the DBOT “stock exchange” by touting the “globally recognized leaders in the financial services industry” running it. DBOT’s founders included people with experience in stock exchanges and financial services, and Dennis Toner, who was described as a “top aide to Vice President Joe Biden.” Toner, Biden’s deputy chief of staff, is in the news for denying that Tara Reade ever told him anything. Reade’s decision to tell Toner and Ted Kaufman was a pretty poor one. Both are longtime Biden men and considered as close to the boss as family. And they’ve reaped the benefits of that closeness.
After Obama won, Ted Kaufman was temporarily appointed to the Senate. If there was anything odd about appointing a Biden advisor to sit in the Senate, it became odder when Senator Kaufman delivered the opening statement in favor of Toner’s appointment as Post Office Governor, by vouching for his “loyalty” working for Joe Biden. Tara Reade might as well have taken her complaint to Biden, as to Toner and Kaufman.
The current New Castle County exec has since called DBOT’s founders criminals and threatened to sue after the company was disposed of as a “distressed asset” in exchange for shares of Ideanomics. Ideanomics is a Chinese crypto company trading as a penny stock and the software that served as collateral for the loan has been described as worthless. The chairman of Ideanomics is Wu. The manager of DBOT-I LLC was listed as John Hynansky. The car dealer is a Biden pal with extensive Ukrainian ties who had lent Biden’s shady brother half a million dollars and had received $20 million in government loans to start a Porsche luxury car dealership in the Ukraine.
Biden’s vaunted foreign policy expertise has consisted of sucking up to broker deals between Biden family members, donors, and foreign interests. These deals haven’t been good for America, but they’ve worked out very well for members of Biden's crooked family, as well as assorted donors, camp followers, and the local boys.
==================================
But Biden's biggest deal was helping broker the Chinese takeover of the American entertainment industry. Xi’s visit to Los Angeles hit on all the right cultural notes. He schmoozed Hollywood bigwigs and their errand boys, like Dodd and Biden, he watched a Lakers game, and cheered Obama’s 100,000 Strong China initiative to have a hundred thousand American students study in the Communist dictatorship.
“I can say with confidence my visit has been a full success,” Xi declared.
In China, culture serves the agenda of the Communist government. Unlike the Russians, who struggled vainly to stem the impact of American culture, their Chinese counterparts decided to control it at the source. Biden was a key figure in negotiating the terms on which the PRC would control Hollywood.
In 1962, the Manchurian Candidate depicted an effort by Communists in China, Russia, and elsewhere to kidnap and brainwash American soldiers. The modern remake replaced the Communists with a corporation and the Chinese doctor with a South African geneticist. China could not be offended. While Biden, Katzenberg, and Xi were partying at the Marriot, human rights protesters were calling for freedom, and being arrested by the henchmen of a one-party Democrat city and state for their trouble.
Even while Biden was falsely claiming that the Hollywood sellout would improve human rights in China, the rise of China was already violating human rights in America. Now, as Chinese drones fly over American cities, police stalk empty streets, social media monopolies monitor every single phone, and Democrat officials dismiss the Bill of Rights while locking up millions of people, our rights are gone. And Joe Biden is the Manchurian Candidate who long ago sold out the country he now seeks to rule.
========================================
You just gotta wonder how a (gag) president Biden will find time to run the US when he's perpetually sucking up for new deals for his ne'er-do-well son, his greedy family, his ex-staffers, donors, and his real-estate partners.
Then-VP Biden toasts China's XI. "Here’s why I’m toasting this Chinaman. My view for many years is that a rising China is a positive development, and that the Biden family can become billionaires as long as we Democrats force American taxpayers to invest in Beijing’s success. Some anti-globalists see China’s growth as a threat, entertaining visions of a cold-war-style rivalry or great-power confrontation. Other Chinamen worry that our aim in the Asia-Pacific is to contain China’s rise,” Biden wrote. “I reject these views. “I remain convinced that a successful China can make our country more prosperous, not less,” he added.
====================================================
(h/t Greenfield)
Yet, underneath all the Biden sucking-up rhetoric about the ennobling virtues of globalism was some very parochial and familial profiteering. In 2013, Joe and his son Hunter Biden flew on Air Force Two to China. China’s BHR Partners was founded that year and included Hunter Biden as a board member. The Delaware Board of Trade was incorporated in 2013. Despite its name, the DBOT was not a government agency, but a penny stock startup which received a $3 million loan from New Castle County.
Joe's wet kiss to XI, the big Chinese partner in the BHR arrangement was Harvest Fund Management which, coincidentally enough, in 2012 was targeting Hollywood with an $800 million investment fund. That same year, you could find Bruno Wu, who had been working with Harvest, and Chris Dodd, along with Harvey Weinstein, playing roles at the Asian Film Summit in Toronto. And the money didn’t just go one way.
The Delaware Board of Trade was incorporated in 2013. Despite its name, the DBOT was not a government agency, but a penny stock startup which received a $3 million loan from New Castle County. (Delaware is Joe Biden’s home state which he repped as a US Senator.)
New Castle County had approved the issue of $15 million in revenue bonds to fund the DBOT “stock exchange” by touting the “globally recognized leaders in the financial services industry” running it. DBOT’s founders included people with experience in stock exchanges and financial services, and Dennis Toner, who was described as a “top aide to Vice President Joe Biden.” Toner, Biden’s deputy chief of staff, is in the news for denying that Tara Reade ever told him anything. Reade’s decision to tell Toner and Ted Kaufman was a pretty poor one. Both are longtime Biden men and considered as close to the boss as family. And they’ve reaped the benefits of that closeness.
After Obama won, Ted Kaufman was temporarily appointed to the Senate. If there was anything odd about appointing a Biden advisor to sit in the Senate, it became odder when Senator Kaufman delivered the opening statement in favor of Toner’s appointment as Post Office Governor, by vouching for his “loyalty” working for Joe Biden. Tara Reade might as well have taken her complaint to Biden, as to Toner and Kaufman.
The current New Castle County exec has since called DBOT’s founders criminals and threatened to sue after the company was disposed of as a “distressed asset” in exchange for shares of Ideanomics. Ideanomics is a Chinese crypto company trading as a penny stock and the software that served as collateral for the loan has been described as worthless. The chairman of Ideanomics is Wu. The manager of DBOT-I LLC was listed as John Hynansky. The car dealer is a Biden pal with extensive Ukrainian ties who had lent Biden’s shady brother half a million dollars and had received $20 million in government loans to start a Porsche luxury car dealership in the Ukraine.
Biden’s vaunted foreign policy expertise has consisted of sucking up to broker deals between Biden family members, donors, and foreign interests. These deals haven’t been good for America, but they’ve worked out very well for members of Biden's crooked family, as well as assorted donors, camp followers, and the local boys.
==================================
But Biden's biggest deal was helping broker the Chinese takeover of the American entertainment industry. Xi’s visit to Los Angeles hit on all the right cultural notes. He schmoozed Hollywood bigwigs and their errand boys, like Dodd and Biden, he watched a Lakers game, and cheered Obama’s 100,000 Strong China initiative to have a hundred thousand American students study in the Communist dictatorship.
“I can say with confidence my visit has been a full success,” Xi declared.
In China, culture serves the agenda of the Communist government. Unlike the Russians, who struggled vainly to stem the impact of American culture, their Chinese counterparts decided to control it at the source. Biden was a key figure in negotiating the terms on which the PRC would control Hollywood.
In 1962, the Manchurian Candidate depicted an effort by Communists in China, Russia, and elsewhere to kidnap and brainwash American soldiers. The modern remake replaced the Communists with a corporation and the Chinese doctor with a South African geneticist. China could not be offended. While Biden, Katzenberg, and Xi were partying at the Marriot, human rights protesters were calling for freedom, and being arrested by the henchmen of a one-party Democrat city and state for their trouble.
Even while Biden was falsely claiming that the Hollywood sellout would improve human rights in China, the rise of China was already violating human rights in America. Now, as Chinese drones fly over American cities, police stalk empty streets, social media monopolies monitor every single phone, and Democrat officials dismiss the Bill of Rights while locking up millions of people, our rights are gone. And Joe Biden is the Manchurian Candidate who long ago sold out the country he now seeks to rule.
========================================
You just gotta wonder how a (gag) president Biden will find time to run the US when he's perpetually sucking up for new deals for his ne'er-do-well son, his greedy family, his ex-staffers, donors, and his real-estate partners.
I can’t judge them too harshly. I too would have a hard time explaining a mysterious 3 million dollar increase to my bank account even if it was not from China.
Good info with that search.
Many people arrested it seems.
https://duckduckgo.com/?q=Thousand+Talents+%2B+arrested&atb=v90-1_f&ia=web
“I can say with confidence my visit has been a full success,” Xi declared.
So Obama sent 100K students to China to be indoctrinated into the CCP huh?
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